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Second Chance for KerryEdwards.com Buyers

Withdrawal of key bidder means that domain name is still available for sale--at least for a little while!

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Aug. 2, 2004--The widely publicized auction of the domain name KerryEdwards.com ended Saturday night, but the search for a new owner continues. According to Matt Bentley, CEO of Sedo.com, the domain name brokerage managing the sale, a key bidder withdrew at a late stage in the auction, leaving the domain up for grabs among the dozen or so parties who had expressed a serious interest in purchasing the domain.
"We are currently in discussions with several interested parties, and hope to have a sale completed within the next few days", Bentley said from the firm's Cambridge headquarters. Although terms of the discussions are not being disclosed, Bentley indicated that it was likely that the domain would change hands "at a significant discount" to the previous high bid of $150,000.

The domain name KerryEdwards.com, registered over two years ago by an Indianapolis bail bondsman named Kerry Edwards, suddenly became a hot piece of Internet real estate when Democratic Presidential nominee John Kerry selected Senator John Edwards as his running mate in July.

About Sedo.com LLC

Sedo, an acronym for "Search Engine for Domain Offers," is the leading online marketplace for buying and selling domain names and websites. Headquartered in Cambridge, Mass., Sedo has assembled the world's largest database of domain names for sale, with more than 1 million listings. Buyers and sellers are brought together through a searchable online marketplace, and conduct negotiations anonymously using an offer-counteroffer system. To facilitate successful transactions, Sedo has introduced a range of related services, including domain name escrow/ transfer services, domain name appraisals, a domain brokerage service, and paid domain name parking. The success of Sedo's model has attracted a global membership base of over 150,000 domain professionals, and helped more than 2,500 businesses start their Web presence off on the right foot with a great new domain name. Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and Spain (eSedo.com). For additional information, please visit www.sedo.com.

Contacts


Sedo.com
Matthew Bentley, 617-758-4265
matt@sedo.com
or
Christian Kalled, 617-758-4267
christian@sedo.com

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